OSK Securities is one of the publicly traded companies in Malaysia. Its shares trade on the Main Board of Bursa Malaysia Securities Berhad. Its majority shareholder is Ong Leong Huat, who owns 80.76% of the company. As of December 31, 2016, it has a market capitalization of RM7.6 billion, which is about $5 billion less than the current market price.
The stock’s recent performance is encouraging. The company has been very active with new product launches and is reporting all-time high free cash flows. It also has a positive outlook for all of its segments. YoY growth in its Access Equipment segment was double-digit, with record backlog and orders. It continues to invest in new products and services.
The company began operations in 1963 as a stockbroking firm and has expanded into various sectors since. In 2001, it became one of ASEAN’s largest regional investment banks. In addition to providing investment services, the OSK Group also has interests in property and real estate. Its subsidiaries include OSK Ventures International Berhad and OSK Property Holdings Berhad.
Osk Securities (Thailand) Public Company Limited provides investment advisory, securities brokerage, and trading services. It also provides valuation and fairness opinions for mergers and acquisitions. Its headquarters is in Bangkok, Thailand.
